Uttar Pradesh’s Rs 4,800-crore solar project gets Central government’s nod

The ministry of new and renewable energy (MNRE) has granted in-principal approval for the setting up of a 1200-MW ultra mega solar project in Jalaun district of Uttar Pradesh with an investment of Rs 4,800 crore.

The project, which will come up in Bundelkhand region, will be set up by Bundelkhand Saur Urja (BSUL), a joint venture company between Uttar Pradesh Non-Conventional Energy Development Agency (UPNEDA) and National Hydro Power Corporation (NHPC). While UPNEDA will have 26% equity in the project, THDCIL’s share would be 74%.